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Nicholas Maweni will step down as Samro Board Chairperson on October 1, 2025.
Board Chairperson of the Southern African Music Rights Organisation (Samro), Nicholas Maweni, will step down on the 1st of October after almost seven years with the organisation.
According to a statement, under his leadership, Samro achieved historic financial milestones, including a 15.4% increase in license revenue in 2024 and a record-breaking R429.2m rand in royalties distributed to members.
CEO of SAMRO, Annebell Lebethe discusses SAMRO’s latest report on SABC News DsTV Channel 404, highlighting impressive revenue growth and decreased cost-to-income ratio for 2023. Catch the full interview here. #SAMRO #MusicBusiness #Royalties pic.twitter.com/ZfdUaaYo30
— SAMRO (@SAMROMusic) February 15, 2024
Tune in to the Late Edition on SABC News Channel on DsTV 404 this evening at 22H15 as Annabell Lebethe, CEO of SAMRO discusses SAMRO’s latest report! Learn about SAMRO’s impressive revenue growth and decreased cost-to-income ratio for 2023. Don’t miss this conversation!#SAMRO… pic.twitter.com/uhtLNPMTBZ
— SAMRO (@SAMROMusic) February 14, 2024
Earlier this month, Samro defended reinstating three publishers named in the Fundudzi Forensic Report, which flagged R3,4 in alleged fraud, following last month’s Extraordinary General Meeting.
Samro says it is focused on ensuring the organisation remains well-governed, transparent, and responsive to its members, while building on recent successes.
The board will also begin the process of filling vacant positions to ensure the organisation is fully equipped to drive its next chapter of growth.
Maweni will continue to lead the board until 1 October 2025, to ensure a smooth and orderly transition.
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